Business Rates

Business Rates (also known as Non-Domestic Rates), collected by local authorities, is the way that those who occupy a non-domestic property contribute towards the cost of local services. Under the current business rates scheme, authorities keep a proportion of the business rates paid locally. Given that authorities will benefit from growth in business rates revenues; this provides a direct financial incentive for local authorities to work with businesses in their area to create a favourable local environment for growth.

Business Rate income, together with revenue from council tax payers, revenue support grant provided by the Government and certain other sums, is used to help pay for the services provided by New Forest District Council, Hampshire County Council and Hampshire Fire and Rescue Service.